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Sold for $1,455,000
  • Listed by: Reel Properties • Susan Boyle • Contact: 552-715-3905
    Bought with: Pacific Sotheby's International Realty
    $1,455,000

    328 Hermosa Ave, Long Beach, CA 90802

    4beds
    4baths
    2,622sqft
    Quadruplex
    Built in 1927
    -- sqft lot
    $1,581,600 Zestimate®
    $555/sqft
    $2,846 Estimated rent

    Home value

    $1,581,600

    $1.46M - $1.72M

    $2,846/mo

    Zestimate® history
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    What's special

    Classic Spanish 4-plex 3 1/2 Blocks to Beach! Incredible oppertunty for homeowner & investor! Front house unit is a spacious unit with 2 Bedroom or Den & one bath w/ a dining rm large & all the amenities you would expect to find within a Spanish style home. Apx 1130+ sq ft. Beautiful hardwood floors, coved ceilings, original wood frames in the interior windows & doors along w/ a faux fireplace.The bathroom is originally deco tile with a pedestal sink. An Abundance of windows allows great light into the home private front veranda for outdoor space Landscaping is very retro & California drought conscious. Most windows have been upgraded w/ Milgard. Down the walkway there is ground level 1 bedroom 1 bath that is attached to the main house but split off & permitted years ago.Central fenced yard is off the bdrm area w/ tables and chairs, a water feature. There are 2: 1 bedroom 1-bathroom units above a four-car garage (a recessed pad enough for another car) storage & laundry area. Units are in the charm & style of classic Spanish rooms w/ hardwood floors & faux fireplaces. . AC & heat splitters have been added to two of the units. Great care has been taken to maintain the charm of the property which attracts good long-term tenants. There is a community laundry provided for usage by all tenants & factored into the rents. A community courtyard sits between the front house two attached units & the back building with a center running fountain. Desirable area (The Eastside) Very short walk to Retro Row on 4th Street with shops, restaurants, Art Theater & activities, Two blocks the other way towards the beach is the Broadway Corridor. Bixby Community Park has a multitude of activity including a Dog Park, & Farmer's Market. The Ocean Blvd extension of Bixby Park overlooks the Pacific Ocean & you will find a variety of venues such as Beach Yoga & in the summertime Municipal Band performances & various other street type fairs & exercise offerings. One block East of Bixby Park is the Long Beach Museum of Art, Claire's Restaurant that overlooks the water Walk Score 94 Bikable Score 89 Transit Score 52 All tenants are month to month (one unit with family menbers will be vacating)

    Zillow last checked:

    Listing updated:

    Listed by:

    Susan Boyle DRE #01056722 562-715-3905,

    Reel Properties

    Bought with:

    Cindi Rogan, DRE #01171455

    Pacific Sotheby's International Realty

    Source: CRMLS,MLS#: PW23140682MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • See Remarks
    Cooling
    • See Remarks
    Appliances
    • Laundry: Common Area
    Features
    • Flooring: See Remarks, Wood
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,622
    • Total interior livable area: 2,622 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Accessibility
    • Accessibility features: None, See Remarks
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,240 Square Feet
    • Features: Front Yard, Landscaped
    Details
    • Parcel number: 7275018005
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
    Green energy
    • Water conservation: Water-Smart Landscaping

    Community & HOA

    Community
    • Features: Street Lights, Urban
    • Subdivision: ,Other
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $555/sqft
    • Tax assessed value: $1,484,100
    • Annual tax amount: $19,846
    • Date on market: 8/1/2023
    • Cumulative days on market: 163 days
    • Listing terms: 1031 Exchange
    • Inclusions: All owner owned appliances. Outdoor fountain
    • Exclusions: Any tenant owned appliances will be presented with Estopples
    • Total actual rent: 6890

    Price history

    DateEventPrice
    7/17/2024Listing removed--
    Source: Zillow Rentals Report a problem
    5/28/2024Listed for rent$1,895$1/sqft
    Source: Zillow Rentals Report a problem
    3/20/2024Sold$1,455,000$555/sqft
    Source: CRMLS #PW23140682 Report a problem
    2/12/2024Pending sale$1,455,000$555/sqft
    Source: CRMLS #PW23140682 Report a problem
    1/13/2024Contingent$1,455,000$555/sqft
    Source: CRMLS #PW23140682 Report a problem
    12/1/2023Price change$1,455,000-2.3%$555/sqft
    Source: CRMLS #PW23140682 Report a problem
    11/17/2023Listed for sale$1,488,800+14079%$568/sqft
    Source: CRMLS #PW23140682 Report a problem
    2/26/2013Sold$10,500-98.4%$4/sqft
    Source: Agent Provided Report a problem
    9/5/2012Listed for sale$675,000-10%$257/sqft
    Source: Doma Properties #P797405 Report a problem
    3/2/2012Listing removed$750,000$286/sqft
    Source: Coldwell Banker Coastal Alliance #P797405 Report a problem
    2/18/2012Price change$750,000-3.7%$286/sqft
    Source: Coldwell Banker Coastal Alliance #P797405 Report a problem
    1/7/2012Price change$779,000-2%$297/sqft
    Source: Coldwell Banker Coastal Alliance #P797405 Report a problem
    11/16/2011Price change$795,000-2.5%$303/sqft
    Source: Coldwell Banker Coastal Alliance #P797405 Report a problem
    9/23/2011Listed for sale$815,000-4.1%$311/sqft
    Source: Listhub #P797405 Report a problem
    9/26/2005Sold$850,000+128.8%$324/sqft
    Source: Public Record Report a problem
    8/10/2001Sold$371,500+48.9%$142/sqft
    Source: Public Record Report a problem
    6/24/1999Sold$249,500$95/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,846 +31.7%$1,484,100 +30.3%
    2024$15,070 +2.5%$1,139,187 +2%
    2023$14,696 +6.5%$1,116,858 +2%
    2022$13,795 +2%$1,094,968 +2%
    2021$13,519 +0.3%$1,073,506 +1%
    2020$13,484 $1,062,503 +2%
    2019$13,484 +4%$1,041,678 +2%
    2018$12,967 $1,021,261 +27.7%
    2017$12,967 +24.9%$800,000 +14.3%
    2016$10,383 +19.6%$700,000
    2015$8,683 +8.6%$700,000 +7.7%
    2014$7,997 $650,000 +23.8%
    2012-- $525,000 -16%
    2010-- $625,000 -30.7%
    2009-- $902,026 +4%
    2007-- $867,000 +2%
    2006-- $850,000 +111.7%
    2005-- $401,596 +4%
    2004-- $386,003 +3.9%
    2002-- $371,500 +46.2%
    2000-- $254,184
    Find assessor info on the county website

    Neighborhood: Alamitos Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,581,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,581,600